【API3 Rebound — Light Positioning to Try Short】

API3 current quote is $0.43. It has pulled back from the highs. The 4-hour RSI has been significantly repaired from the overbought zone, but the market structure has weakened.

📌 Adjusted light shorting plan:

· Entry zone: rebound to $0.454-$0.457 (the original support turned resistance)
· First target: $0.435
· Second target: $0.420
· Stop loss: above $0.465

🐳 Fund flow to watch:
Large holders are still trapped short around $0.42, while small retail traders previously had unrealized long profits as high as 93%. After chasing the rally, they are now facing pressure to take profits. Top traders previously actively chased longs; now, caution is needed against a “kill longs” cascade and panic.

⚠️ Risk warning:
If the rebound cannot hold above $0.457, the bears will have the advantage. The level at $0.435 below is short-term support; after a breakdown, price can gradually keep sliding lower. It’s not recommended to chase shorts directly at $0.43—waiting for a rebound to enter is more prudent.

🎯 Core logic: The original support zone has turned into resistance. When the rebound lacks strength, try shorting with a light position; don’t bet on a reversal, and set a strict stop loss. #跟单金牌星探 $API3 ‌